Nonprofit screen
Screen a listThe Launchcode Foundation
Can you give?
Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$13Mrevenue
FY2024 · −23% in 3 yrs335staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−17.3%
Months of reserve1.8mo
Revenue growth (annualized)+9.8%
Middle half of peersMedianLaunchcode
Where the money goes FY2024 · $15M spent
Programs$13M85%Management and general$2.0M13%Fundraising$359k2%990 FY2024 · Part IX line 25
Worth checking2
Government grants fell 76% in FY2022
$2.6M in FY2021, $606k in FY2022.
990 Part VIIIDeficits in 2 of the last 3 years
−$2.5M in FY2023 and −$2.2M in FY2024. Cash covers 1.8 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort71funders
$2.0Ma year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23St Louis Regional Chamber & Growth AssociationStopped after FY2019$723k$876k$497k–Ascendium Education Solutions IncOn and off$322k$322k$996kBerges Family FoundationStopped after FY2022$130k$70k$9k$575k$195k–CortexOn and off$128k$475kEwing Marion Kauffman FoundationOn and off$50k$175k$150k$205kMissouri Technology CorporationOn and off$250k$150k$50kDonor-advised giftsDonors not disclosed$502k$300k$67k$1.1M$249k$692k$563k47 other fundersUp to $400k a year each$182k$236k$280k$489k$1.1M$456k$169k
FundedThrough a donor-advised fundStopped